Why one Jefferies defense analyst rates Boeing a buy despite 737 Max 8 groundings

Boeing has suspended deliveries of the 737 Max 8 after the planes were grounded by the FAA and several other countries and airlines. The jets will be grounded for weeks, if not longer, until a software upgrade can be tested and installed. Sheila Kahyaoglu, aerospace and defense analyst at Jefferies, sits down with "Squawk Box" to discuss what she expects from Boeing going forward.
Fri, Mar 15 20197:26 AM EST